India's Metals & Mining Sector: A Golden Opportunity
Explore the growth, investments, and future prospects of India's metals and mining industry.
India's Metals & Mining Sector: Key Statistics
2nd
Largest Steel Producer
143M tonnes of crude steel production in FY24.
997M
Tonnes Coal Production
With 11.65% YoY growth in FY24.
4.2M
Tonnes Aluminium Production
Globally.
4th
Iron Ore
277M tonnes with 7.4% YoY growth.
Investment Opportunities in India's Metals & Mining
100% FDI Allowed
In mining, exploration, and mineral processing under the automatic route.
Significant FDI Inflow
Total FDI in the sector reached $17.59 billion (April 2000 – June 2024).
Asset Monetization
Government aims to monetize mining assets worth $3.68 billion (2022-2025).
PLI Scheme
Production Linked Incentive scheme for Specialty Steel is driving investments of $5.1 billion.
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ArcelorMittal-Nippon Steel
$7.3 billion expansion of steelmaking capacity in Hazira.
JSW Group
$1 billion investment in new steel plant in Andhra Pradesh.
Vedanta Ltd.
$993 million expansion of Lanjigarh Alumina refinery.
Coal India Ltd (CIL)
Partnership with Rajasthan government for solar power project.
Growth Drivers in India's Metals & Mining Sector
Strong Sector Demand
Steel demand expected to grow 10% annually, aluminium consumption projected to triple by 2030.
Govt Policy & Incentives
Mines and Minerals Act allows captive mines to sell 50% of their production.
Infrastructure & Urbanisation
Infrastructure spending boosting steel & cement consumption.
Sustainable Mining
India-Australia collaboration on lithium & rare earth mineral exploration.
India's Metals & Mining: An Investor's Paradise
Open Investment Policy
100% FDI allowed with strategic incentives.
Infrastructure Growth
$133.72B committed investment.
Export Potential
Growing global market access.
Sustainable Focus
Lithium & rare earth opportunities.